USMV vs FSMD

AUSMV

BFSMD

Measures won3–2USMV wins · of 6 · 5Y

$10,000 · 5Y$15,837FSMD · USMV $14,754

Lowest cost0.15%USMV · $15 on $10k

Most income1.35%USMV · $135 on $10k

Smallest drop−6.5%USMV · worst fall in 1Y

Held in common1.5%USMV and FSMD

USMV

FSMD

iShares MSCI USA Min Vol Factor ETF · $24.5BFidelity Small-Mid Multifactor ETF · $2.5B

+15.5%3 years · per year$15,388 · $17,362+20.2%

+8.1%5 years · per year$14,754 · $15,838+9.6%

0.15%Expense ratio$15 · $15 on $10k · lower wins0.15%

1.35%12-mo yield$135 · $128 on $10k1.28%

−6.5%Worst dropSmaller wins−8.5%

8.7%VolatilityLower wins15.2%

3–2USMV wins

$10,000 · 5 yearsOne scale

Shared top holdingsUSMV · FSMD

0.4%INCY0.4%

0.3%L0.4%

0.5%NBIX0.3%

0.3%GEN0.3%

Held in common1.5%

End-of-day Nov 4, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

Both

5Y2 funds

#			Trend
1	BFSMD	Fidelity Small-Mid Multifactor ETFRead Desk		0.15%	1.28%	+0.7%	+16.5%	+19.4%	+20.2%	+9.6%	−8.5%	$2.5B
2	AUSMV	iShares MSCI USA Min Vol Factor ETFRead Desk		0.15%	1.35%	+1.7%	+12.1%	+14.3%	+15.5%	+8.1%	−6.5%	$24.5B

End-of-day Nov 4, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Both

5Y2 funds

#			Trend
1	BFSMD	Fidelity Small-Mid Multifactor ETFRead Desk		0.15%	1.28%	+0.7%	+16.5%	+19.4%	+20.2%	+9.6%	−8.5%	$2.5B
2	AUSMV	iShares MSCI USA Min Vol Factor ETFRead Desk		0.15%	1.35%	+1.7%	+12.1%	+14.3%	+15.5%	+8.1%	−6.5%	$24.5B

End-of-day Nov 4, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

USMV vs FSMD

USMV

iShares MSCI USA Min Vol Factor

$14,754

FSMD

Fidelity Small-Mid Multifactor

$15,838

MeasureUSMVFSMD

Fee0.15%0.15%

Cost on $10k a year$15$15

Yield1.35%1.28%

5 years, per year+8.1%+9.6%

3 years, per year+15.5%+20.2%

Worst drop · 1Y−6.5%−8.5%

Volatility · 1Y8.7%15.2%

2–2measures won
level

1.5%

holdings shared

Nov 4, 2026 · $10,000 five years ago, dividends reinvested

SCHD vs VIG

YTD

SchwabSCHD

+35.3%

VIGVanguard

+16.4%

+35.3%Year to date+16.4%

2.9%Yield1.4%

$123BAssets$109B

2–0SCHD wins

End-of-day Nov 4, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+8.5%

JEPIJ.P. Morgan

+8.8%

+8.5%Year to date+8.8%

12.2%Yield7.8%

$42.1BAssets$46.1B

1–1level

End-of-day Nov 4, 2026

SPYM vs SPY

YTD

SPDRSPYM

+13.4%

SPYSPDR

+13.3%

+13.4%Year to date+13.3%

1.0%Yield1.0%

$182BAssets$805B

1–0SPYM wins

End-of-day Nov 4, 2026

Overlap: USMV, FSMD

Today

1.5%most shared, USMV and FSMD

USMVFSMD

USMV—1.5%

FSMD1.5%—

End-of-day Nov 4, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$120most kept, USMV

USMV$135 − $15 = $120

FSMD$128 − $15 = $113

KeptFee

End-of-day Nov 4, 2026 · yield in dollars minus the fee